Home healthcare services are on the rise and a Medicare cut can be devastating for the industry, says John Olajide.Roughly a quarter million Texans benefit from home health services each year. But now the federal government is threatening the ability of seniors to access this preferred method of care. Unless Medicare works to protect home health, many older Texans may lose their ability to choose where they want to heal after hospitalization.
Not only is home health care popular among patients, but it’s an important job creator. With more than 1,600 home health agencies across the state employing thousands of frontline workers, the home health sector is a huge part of Texas’ health care economy. Additionally, Medicare has proposed a $2 billion clawback cut beginning in 2024 to recover payments already made during the first two years of the pandemic, and a $1 billion clawback on services provided this year. Over the next 10 years, the total cuts could reach $18.15 billion. Taken together, all of this is very bad news for access to the best patient care.
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